Quiksilver, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Obtain Debtor-In-Possession Financing

On October 28, 2015, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Quiksilver, Inc. and its affiliates.

The filing was assigned docket number 382 and is described on the court’s official docket as follows:

Order (FINAL) (I) Authorizing the Debtors to (A) Obtain Postpetition Financing on a Superpriority, Senior Secured Basis and (B) Use Cash Collateral, (II) Granting (A) Liens and Superpriority Claims and (B) Adequate Protection to Certain Prepetition Lenders, (III) Modifying the Automatic Stay, and (IV) Granting Related Relief. (Related Doc # [17], [76], [127], [190], [191], [200], [201], [205] ) Order Signed on 10/28/2015. (NAB)

Quiksilver, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 9, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 15-11880. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Skadden, Arps, Slate, Meagher & Flom LLP is acting as lead bankruptcy counsel to Quiksilver, Inc. in the bankruptcy case.


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